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An accountable care organization (ACO) is a healthcare organization that ties provider reimbursements to quality metrics and reductions in the cost of care. ACOs in the United States are formed from a group of coordinated health-care practitioners. They use alternative payment models, normally, capitation. The organization is accountable to ...
Since its founding, CMMI has produced four models that have been certified for expansion based on meeting the above criteria: the Pioneer Accountable Care Organization (ACO) Model, the Medicare Diabetes Prevention Program, the Medicare Prior Authorization Model for Repetitive Scheduled Non-Emergent Ambulance Transport (RSNAT), and, most ...
An accountable care system is a system of healthcare provision which is intended to be integrated, and in particular to merge the funding of primary care with that for hospital care, therefore providing incentives to keep people healthy and out of hospital. It has features in common with accountable care organizations in the United States.
The Medicare Shared Savings Program lets hospitals, doctors, and other healthcare professionals create or join an accountable care organization (ACO). An ACO’s goal is to provide coordinated ...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Mount Carmel Health Partners and UnitedHealthcare today announced an accountable care organization (ACO) ... The new ACO model, which will launch Oct. 1, will ...
Medicare Advantage plans and some Original Medicare providers participating in Accountable Care Organizations (ACOs) may also offer expanded telehealth options beyond basic Medicare coverage.
Fisher and Glen Hackbarth, chair of the Medicare Payment Advisory Commission, came up with the term "accountable care organization" (ACO) to describe the model. [ 10 ] [ 11 ] [ 12 ] Fisher then worked with a small group of researchers and policy advocates, including Mark McClellan , to refine the design of the model and estimate the potential ...
Now most of Aetna's 500,000 Virginia members will have access to care through an accountable care model. ACOs are designed to improve quality and patient experience while reducing overall costs.